robertv replied to the topic Did you Know!! in the forum General Property 21 years, 1 month ago
comdom
sorry to point this out but 8% of 150 is $12…if the tenant then only paid $50 for the next week your fee would be $4…
Not sure if this is a problem[?][?][?]
Rob
robertv replied to the topic Offer Deposit in the forum General Property 21 years, 1 month ago
TP
I have found that you are required to make a small deposit on acceptance of offer – usually around $500-$1000 in my experience then follow up with the 10% within 7 days of finance aprroval (I have this written into the contract).
I have used a deposit bond for both my ip’s and this has saved me from freeing up cash to cover the deposit. This…[Read more]robertv replied to the topic Secrets to getting Top Price in selling Your Home! in the forum General Property 21 years, 1 month ago
robertv replied to the topic SE QLD? in the forum General Property 21 years, 1 month ago
Kay
I get the feeling that the rising market in SE QLD will continue for awhile yet…
I bought a unit for 141K – settled in July ’03 – this is now valued at $180-190K
I also bought a 3 bed house for $255K and in the suburb now you can’t buy a 3 bed under $290 (That’s in three months!!)
I am a happy investor in SE QLD and looking for…[Read more]
robertv replied to the topic Keep Tenants happy??? in the forum General Property 21 years, 1 month ago
Thanks everyone!
There are some great ideas here – I have only had my ip’s for a short time – three in 4 months so I am still learning the ropes
Appreciate your input[8D]
Cheers
Robrobertv replied to the topic Ss complete ver 1.0 in the forum General Property 21 years, 1 month ago
robertv replied to the topic mining towns….too risky? in the forum General Property 21 years, 2 months ago
Hi Anch
I currently have 2 ip’s in QLD and am about to place an offer on a property in north WA – it has 4.5 years to go on a guaranteed rental so I think it should be ok – The rental can’t go below what they are signed up for but it can rise – with the future development in the town I think it would be a good investment.
gross rental yields are…[Read more]